Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
Ashwani Gujral of ashwanigujral.com is of the view that one may sell ICICI Bank and LIC Housing.
Morgan Stanley prefers Axis Bank structurally over ICICI Bank. It expects Axis Bank to earn 400-500 basis points higher ROE than ICICI Bank. It says ICICI Bank should book capital gain of Rs 5700 crore in Q2.
Avinash Gorakshakar, Market Expert is of the view that one may look at private sector banks.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Rahul Arora, CEO, Nirmal Bang Institutional Equities and Abneesh Roy, Associate Director of Edelweiss Securities shared their readings and outlook Jubilant Foodworks. Rahul Arora also spoke on various stocks.
Prakash Gaba of prakashgaba.com is of the view that one may stay invested in ICICI Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Ceat and Reliance Capital and advises selling Maruti Suzuki.
According to Ashwani Gujral of ashwanigujral.com, one can buy Reliance Industries on declines and feels that ICICI Bank can move to Rs 295.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer State Bank of India and ICICI Bank.
Prakash Gaba of prakashgaba.com likes JSW Energy and ICICI Bank.
Mitesh Thacker of miteshthacker.com is of the view that one can buy HDFC Bank, ICICI Bank and Oriental Bank of Commerce.
VK Sharma of HDFC Securities is of the view that one can buy ICICI Bank 270 Call and IDBI Bank 77.50 Call.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Biocon, Tata Chemicals and financial stocks and advises selling Mindtree.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Glenmark Pharma and ICICI Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy ICICI Bank and Maruti Suzuki and sell Granules India.
According to Gaurang Shah of Geojit BNP Paribas, one can book profits in PC Jeweller and switch to ICICI Bank and Tata Motors.
Manoj Murlidharan of Religare Securities is of the view that one can sell ICICI Bank for target of Rs 260.
Ashwani Gujral of ashwanigujral.com recommends buying ICICI Bank, Glenmark Pharma and PNB.
Mitesh Thacker of miteshthacker.com is of the view that one can buy UPL and ICICI Bank.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market, specific stocks and sectors .
Gautam Shah of JM Financial is of the view that banking and auto stocks are favourite picks.
Prakash Gaba of prakashgaba.com is of the view that one may hold ICICI Bank.
Rajat Bose of rajatkbose.com recommends buying ICICI Bank and GATI and advises selling Ashok Leyland and Coal India.
VK Sharma of HDFC Securities recommends buying ICICI Bank 270 Call and Kotak Mahindra Bank 820 Call.
In an interview to CNBC-TV18, Sandeep S Shenoy of Pioneer Investcorp shared his readings and outlook on the market, specific stocks and sectors.
Citi has a buy rating on ICICI Bank but reduced target to Rs 300 from Rs 315 per share. It says business/stock is getting closer to a turn and FY18 is likely to be better than FY17. It adds ICICI Bank‘s large, better-valued asset sales could protect profitability.